The last date for filing Income Tax Return (ITR) for the assessment year 2019-20 is coming closer, fast. The Income-Tax Department had released ITR for AY 2019-20 via a notification in April this year. Later, the tax department also…
For those who find filing of income tax returns (ITR) on their own a complicated and time-taking process, the Income Tax department has now launched a new lighter version of its e-filing website. The 'e-Filing Lite' portal can be accessed…
New Delhi: Tightening the screw on tax evaders, the revised guidelines issued by the Income Tax (I-T) Department have made serious offences under black money and benami laws "generally" non-compoundable. This means that a person or…
ITR-1 is one of the most widely used forms by the salaried individuals to file their income tax return (ITR). The form is now available on the income tax department's e-filing website. Therefore, you can easily file your ITR once your…
The Income Tax Department has made it clear that every PAN card and Aadhaar card has to be linked by September 2019. Failing to which, the Income Tax Return (ITR) of an individual would be rejected post-September 2019. Apart from that, the…
How to Check Income Tax Refund Status online using login for filing income tax return ? - Easy Guide
Filing of Income Tax Returns registers an upsurge of 71% upto 31st August 2018
Have you received arrears of salary as per the 7th Pay Commission recommendations? Here's how to report those in your income tax return.
The process of ITR can be quite cumbersome in the absence of efficient financial planning, and any negligence on the tax payer's part can lead to undue payment of tax.
CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs - Order under Section 119 of the Income-tax Act, 1961
Many taxpayers miss out on exemptions and benefits as they are not aware of the tax department’s provisions that allow certain exemptions.
Parliament has amended the Income Tax Act by introducing a new section 234F for imposing late fee on every person who is not filling his/her return of income within the due date.
Saving tax through family! Surprised! Yes, we can save tax through our family members, i.e., parents, major children and wife.
ITR filing for 2018-19: Income tax provisions in India allow individual taxpayers to save tax under various sections. But sometimes taxpayers (salaried individuals) fail to claim all deductions while declaring their investments.
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified.
CBDT has extended filing of ITR 2014-15 in respect of Gujarat State only due to unrest in the state in the recent days. Extension of last date for filing ITR for assessment year 2015-16 is not applicable to rest of the country
Special Counters for filing ITR for the financial year will be receiving manual ITR filed by Salaried Employees (Paper form of ITR) - Income Limit for filing manual ITR is Rs. 5 lakh for the year 2014-15 (Assessment Year 2015-16)
Easy tutorial for filing Income Tax Return online - Procedure for using offline excel utility for filing ITR and quick e-file facility (online interface) for filing ITR-1 and ITR-4S